Zafran raised $25 million in a Series A funding led by Sequoia Capital and Cyberstarts to develop risk and mitigation solutions.
Mar 28, 2024•over 1 year ago
Amount Raised
$25 Million
Round Type
series a
Investors
Penny JarCerca PartnersCyberstartsSequoia Capital
Description
Cybersecurity startup Zafran announced a $25 million Series A funding led by Sequoia Capital and Cyberstarts, with participation from Cerca Partners and Penny Jar. Previously, Zafran also raised an undisclosed $5 million Seed round.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech